Tag Archives: republicans

Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from October 2012 Through December 2012


Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from October 2012 Through December 2012

As required by law, CBO prepares regular reports on its estimate of the number of jobs created by the American Recovery and Reinvestment Act of 2009 (ARRA), which was enacted in response to significant weakness in the economy.

In total, CBO estimates that ARRA will increase budget deficits by about $830 billion over the 2009–2019 period. By CBO’s estimate, close to half of that impact occurred in fiscal year 2010, and more than 90 percent of ARRA’s budgetary impact was realized by the end of December 2012.

Jon Soltz, VoteVets.org


 

votevets.org
Did you watch President Obama’s State of the Union Address last night?

From reforming immigration and education to a focus on job creation and an overdue drawdown in Afghanistan, the president laid out a vision for the next four years that we can all be proud of.

But if the divided ovations were any indication, the work ahead won’t be easy.

There is one issue, however, that has overwhelming public support among Democrats and Republicans: taking common sense action to reduce gun violence in America.

If you’re ready to stand with VoteVets.org in this fight, make a $5 contribution today and help us organize veterans in support of legislation to prevent gun violence in the United States.

Veterans make extremely powerful messengers on this issue, and the president needs us if he’s going to sign a bill.

Veterans have seen, first hand, the carnage that assault weapons cause. We’ve had to go through background checks to get into the military and handle a weapon.

Our troops in combat aren’t even authorized to attach magazines with more than 30 rounds to their semi-automatic weapons. There’s no reason we should authorize it for anyone here at home.

We’re going to engage on this one, and I’m thankful that we’ll be in it together.

Thanks for your support.

Jon Soltz
Iraq War Veteran
Chairman, VoteVets.org

 

PAID FOR BY VOTEVETS ACTION FUND

CONGRESS: Republican led House :::::: the Senate led by Democrats


the SenateConvenes: 10:00amET February 13, 2013

After a conversation with Senator McConnell and Senator Inhofe, it became clear to Senator Reid that Republicans are not willing to enter into an agreement for consideration of Executive Calendar #10, the nomination of Charles Timothy Hagel, of Nebraska, to be Secretary of Defense. In order to move the process along, Senator Reid filed cloture on the nomination. Under the rule, the cloture vote would occur one hour after the Senate convenes on Friday. Senator Reid suggested on the floor that senators should plan accordingly.

WRAP UP

ROLL CALL VOTE

1) Confirmation of the nomination of Executive Calendar #8, William J. Kayatta, Jr., of Maine, to be United States Circuit Judge for the First Circuit; Confirmed: 88-12

LEGISLATIVE ITEMS

Adopted S.Res.31, Celebrating Black History Month.

Adopted S.Res.32, Congratulating the North Dakota State University football team for winning the 2012 NCAA Division I Football Championship Subdivision title.

Adopted S.Res.33, Commemorating the 150th anniversary of Emporia State University.

Adopted S.Res.34, Commemorating the 150th anniversary of Kansas State University.

EXECUTIVE ITEMS

Confirmed the following:

AIR FORCE

Executive Calendar #2 to be Lieutenant General–Maj. Gen. William H. Etter

ARMY

Executive Calendar #3 to be Lieutenant General–Maj. Gen. Kenneth E. Tovo

Executive Calendar #4 to be Brigadier General–Col. Barbara R. Holcomb

Executive Calendar #5 to be Brigadier General–Col. Patrick D. Sargent

Executive Calendar #6 to be Major General–

Brig. Gen. Brian C. Lein;

Brig. Gen. Nadja Y. West

—————————————————————————–

At 4:13:58 P.M. – The Speaker announced that the House do now recess. The next meeting is subject to the call of the Chair.

Last Floor Action:
7:21:54 P.M. – The House adjourned. The next meeting is scheduled for 10:00 a.m. on February 14, 2013.

CONGRESS: Republican led House :::::: Democratic led Senate


UScapitoltakenfromkenschramstory

the Senate Convenes: 2:00pmET February 11, 2013

  • Following any Leader remarks, the Senate will resume consideration of S.47, the Violence Against Women Act.
  • The time until 5:30pm will be equally divided and controlled between the two Leaders or their designees with Senator Cornyn controlling 45 minutes of the Republican time.
  • At 5:30pm, there will be up to 7 roll call votes in relation to the following:

Last week the Senate reached an agreement to complete action on S.47, the Violence Against Women Reauthorization Act. At 5:30pm tonight, the Senate will proceed to vote in relation to the Coburn amendment #13 (strikes tribal provisions). Following the vote, the Senate will turn to a period of morning business with senators permitted to speak therein for up to 10 minutes each.

Following any Leader remarks tomorrow, the Senate will resume consideration of S.47 with time until 11:00am equally divided and controlled between the two Leaders or their designees. At 11:00am, the Senate will vote in relation to the remaining amendments and on passage of the bill, as amended, if amended. The votes will occur in the order listed below. All votes after the first vote will be 10 minutes in duration.

– Leahy amendment #21 (sex trafficking)

– Portman amendment #10 (sex trafficking)

– Murkowski amendment #11 (tribal protections)

– Coburn amendment #15 (consolidate DOJ rape programs)

– Coburn amendment #16 (notice to victims)

– Passage of S.47, the Violence Against Women Act, as amended, if amended.

 In addition to considering the VAWA legislation, this week the Senate may consider the Hagel nomination, a Circuit judge, and any other items cleared for action on the Legislative or Executive Calendars of Business. The State of the Union is at 9:00pm tomorrow, Tuesday, February 12. Next week, February 18, is a State work period. When we return the week of February 25, we will try to confirm the nominations of John Brennan, to be the Director of the CIA, and Jack Lew, to be Secretary of the Treasury, and may consider any other items on the Legislative or Executive Calendar cleared for action.

5:30pm The Senate began a roll call vote on Coburn amendment #13 (Strikes Tribal Jurisdiction)

 
 5:30pm The Senate began a roll call vote on Coburn amendment #13 (Strikes Tribal Jurisdiction
 
 
 
WRAP UP

ROLL CALL VOTE

1) Coburn amendment #13 (strikes tribal provisions) to S.47, the Violence Against Women Act; Not Agreed to: 31-59

No LEGISLATIVE ITEMS

No EXECUTIVE ITEMS

—————————————————————————–

The next meeting is scheduled for 12:00 p.m. on February 12, 2013.

Budgets, Income and Child Nutrition


BudgetEconomy

The Budget and Economic Outlook: Fiscal Years 2013 to 2023

Economic growth will remain slow this year, CBO anticipates, as gradual improvement in many of the forces that drive the economy is offset by the effects of budgetary changes that are scheduled to occur under current law. After this year, economic growth will speed up, CBO projects, causing the unemployment rate to decline and inflation and interest rates to eventually rise from their current low levels.

Macroeconomic Effects of Alternative Budgetary Paths

Federal debt held by the public now exceeds 70 percent of the nation’s annual output (gross domestic product, or GDP) and stands at a higher percentage than in any year since 1950. Under an assumption whereby current laws generally remain unchanged, federal debt will be 77 percent of GDP in 2023, CBO projects. Such a large amount of federal debt will reduce the nation’s output and income below what would occur if the debt was smaller, and it raises the risk of a fiscal crisis (in which the government would lose the ability to borrow money at affordable interest rates).

Key Assumptions in Projecting Potential GDP—February 2013 Baseline